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2795 W 8th St
Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
The Neema Group of Marcus & Millichap is pleased to present 2795 W 8th St, an apartment investment opportunity in the Koreatown
Value add opportunity with over 36% rental upside; the property features community laundry and security cameras throughout
Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Koreatown
The property features a unit mix made up of 8 bachelors and 20 singles and 8 one-bedrooms
High Walk Score of 92, residents benefit from multiple metro bus line stops along 6th Ave and just one mile from the metro rail line
Ideal rental market that continues to grow, illustrated through the plentiful new developments currently under construction in the area
PROPERTY FACTS
No. Units
36
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Mid Rise
Building Class
C
Lot Size
0.14 AC
Building Size
20,200 SF
No. Stories
4
Year Built
1925
Parking Ratio
10/1,000 SF
UNIT AMENITIES
SITE AMENITIES
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
Studios
28
-
-
1+1
8
-
650
PROPERTY TAXES
Parcel Number
5077-020-013
Improvements Assessment
$2,144,403
Land Assessment
$4,288,807
Total Assessment
$6,433,210
